G S Auto International finalizes rights issue allotment

1 min read     Updated on 12 Jun 2026, 06:01 PM
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Shriram SScanX News Team
AI Summary

G S Auto International Limited finalized the allotment of 2,90,29,160 Partly-Paid Up Equity Shares for its rights issue on June 11, 2026. The issue, which closed on June 10, 2026, saw 1,494 valid applications for 5,56,30,942 Equity Shares. Shares are expected to be credited to demat accounts by June 12, 2026, with trading on BSE commencing on or about June 15, 2026.

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G S Auto International Limited has finalized the basis of allotment for its rights issue, which opened for subscription on Tuesday, June 02, 2026, and closed on Wednesday, June 10, 2026. The company allotted 2,90,29,160 Partly-Paid Up Equity Shares on June 11, 2026, at a price of ₹10 each, aggregating to ₹2,90,29,160 lakhs. The issue was conducted in the ratio of 2 Rights Equity Shares for every 1 fully paid-up Equity Share held on the record date of Friday, May 22, 2026. The credit of Equity Shares to demat accounts is expected on or about Friday, June 12, 2026, with trading on BSE commencing on or about Monday, June 15, 2026.

The issue received 1,494 valid applications for 5,56,30,942 Equity Shares. A total of 349 applications for 6,08,30,500 Equity Shares were rejected due to technical reasons, and 3,01,530 Equity Shares were rejected due to partial rejections. All valid applications were considered for allotment, with successful applicants receiving shares against both their Rights Entitlements and additional applications.

Allotment Details

The table below details the allocation of shares across applicant categories:

Category Applications Received Equity Shares Accepted (Rights) Equity Shares Accepted (Additional) Total Allotted
Eligible Equity Shareholders 1,424 2,08,55,368 76,08,914 2,84,64,282
Renunciations 70 5,64,878 0 5,64,878
Total 1,494 2,14,20,246 76,08,914 2,90,29,160

The rights entitlements were extinguished following the closure of the subscription period. The issue was conducted in compliance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the SEBI Master Circular bearing reference number HO/49/14(14)/2026-CFD-P022/4518/2026, dated February 09, 2026. Skyline Financial Services Private Limited acted as the Registrar to the Issue.

Historical Stock Returns for GS Auto International

1 Day5 Days1 Month6 Months1 Year5 Years
+1.06%+13.17%-25.87%-16.39%-23.23%+201.78%

How will the influx of ₹2,90,29,160 lakhs impact G S Auto International's capital structure and future expansion plans?

What market reaction is anticipated for the partly-paid shares once trading commences on BSE on June 15, 2026?

What are the potential reasons behind the high volume of rejected applications due to technical reasons?

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G.S. Auto International reports net profit of ₹391.94 lakh in FY26

1 min read     Updated on 02 Jun 2026, 12:15 PM
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Ashish TScanX News Team
AI Summary

G.S. Auto International Limited reported a net profit of ₹391.94 lakh for FY26, up from ₹122.60 lakh in FY25, with total income from operations rising to ₹15062.26 lakh. For Q4 FY26, net profit stood at ₹190.94 lakh. The Board approved the audited results on May 30, 2026.

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G.S. Auto International Limited reported a net profit of ₹391.94 lakh for the financial year ended March 31, 2026, a significant increase from ₹122.60 lakh in the previous year. Total income from operations for the year stood at ₹15062.26 lakh, up from ₹14333.90 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹190.94 lakh, compared to a loss of ₹11.80 lakh in the same period last year.

The Board of Directors approved the audited financial results at a meeting held on May 30, 2026. The results have also been reviewed by the Statutory Auditor. The company operates in a single business segment, "Auto Components," with sales substantially concentrated in the domestic market.

Financial Performance

The company's earnings per share (EPS) for FY26 stood at ₹2.34, up from ₹0.98 in the previous year. For the quarter ended March 31, 2026, the EPS was reported at ₹0.96. Equity share capital remained constant at ₹725.73 lakh throughout the periods reported.

Key Financial Metrics

Particulars Quarter Ended 31/03/2026 (Audited) Year Ended 31/03/2026 (Audited) Year Ended 31/03/2025 (Audited)
Total income from operations (Net) (₹ in Lacs) 4204.22 15062.26 14333.90
Net Profit for the period after tax (₹ in Lacs) 190.94 391.94 122.60
Earnings Per Share (Basic & Diluted) (₹) 0.96 2.34 0.98

The figures for the last quarter are balancing figures derived from the audited full-year results and the published year-to-date figures up to the third quarter of the current financial year. Previous period figures have been regrouped and reclassified where necessary.

Historical Stock Returns for GS Auto International

1 Day5 Days1 Month6 Months1 Year5 Years
+1.06%+13.17%-25.87%-16.39%-23.23%+201.78%

What strategic initiatives drove the significant profit surge, and are they sustainable for FY27?

Will the company consider diversifying its export markets to reduce reliance on domestic sales?

Are there plans for capital expenditure or capacity expansion given the improved financial performance?

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1 Year Returns:-23.23%